OverviewIn this assignment, you will learn about effective business pitches by analyzing the business and economic aspects of the business pitches that are delivered in an episode of Shark Tank.InstructionsWatch an episode of Shark TankLinks to an external site.. (43 min.)Analyze the business and economic aspects of the business pitches that are delivered in the episode by answering each question for 3 businesses presented on Shark Tank:What was the name of the business?What was good or bad about the pitch?Do you feel this company will succeed? Why or why not?How could they enhance their pitch and business?Do you feel their presentation (dress, visuals, logo, packaging, personality) affected the pitch? Why? How can presentation and business plan affect successful investors (Sharks)?What does the product or service sell for?What is the cost to make it?What is the profit margin?Did this pitch get an investor (Shark), and who did they partner with?What are they planning on doing with the money the sharks give them (i.e., marketing, hiring, inventory, capacity planning, business analytics)? How will the Sharks get their money back? How long will it take?

Disclaimer: Since you have posted a question with multiple sub-parts, so we will solve first three…

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter7: Planning And Goal Setting

Section: Chapter Questions

Problem 1EE

See similar textbooks

Overview

In this assignment, you will learn about effective business pitches by analyzing the business and economic aspects of the business pitches that are delivered in an episode of Shark Tank.

Instructions

Watch an episode of Shark TankLinks to an external site.. (43 min.)
Analyze the business and economic aspects of the business pitches that are delivered in the episode by answering each question for 3 businesses presented on Shark Tank:

What was the name of the business?
What was good or bad about the pitch?
Do you feel this company will succeed? Why or why not?
How could they enhance their pitch and business?
Do you feel their presentation (dress, visuals, logo, packaging, personality) affected the pitch? Why? How can presentation and business plan affect successful investors (Sharks)?
What does the product or service sell for?
What is the cost to make it?
What is the profit margin?
Did this pitch get an investor (Shark), and who did they partner with?
What are they planning on doing with the money the sharks give them (i.e., marketing, hiring, inventory, capacity planning, business analytics)?
How will the Sharks get their money back? How long will it take?

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.